[Ranking] TOP 25 Drayage Services / Logistics Companies Q3/2023
Intro
Drayage services play a crucial role in the global logistics industry. As a sub-industry of logistics, drayage services are responsible for the transportation of goods over short distances, often from ports to warehouses or distribution centers. This essential link in the supply chain ensures that goods are efficiently moved and delivered to their final destination.
The impact of drayage services extends far beyond its immediate operations. By facilitating the movement of goods, this industry enables international trade and drives economic growth across diverse sectors. From retail and manufacturing to agriculture and e-commerce, drayage services have a profound influence on the global economy.
The economic magnitude of the drayage services industry is significant and continues to grow. With the rise of e-commerce and the increasing demand for goods, the need for efficient and reliable drayage services has surged. As a result, the industry has experienced impressive growth, attracting investment and innovation.
Recent trends and breakthroughs are shaping the drayage services industry. The adoption of digital technologies such as automation and real-time tracking systems has improved efficiency and transparency in operations. However, the industry also faces obstacles, including regulatory challenges and environmental concerns related to carbon emissions.
The landscape of the drayage services industry is constantly evolving. Advancements in technology, changing consumer behavior, and global trade dynamics contribute to its dynamic nature. In this article, we will explore the top companies in the drayage services industry, examining their strategies, innovations, and contributions to the logistics sector.
Ranking
#25 RoadOne IntermodaLogistics
Employees: 1.2K
Revenue: 250M$
Website: https://www.roadone.com
Description: RoadOne IntermodaLogistics is a leading provider of drayage services in the logistics industry. Headquartered in Randolph, United States, RoadOne operates primarily in North America. The company was founded in 2013 and has a workforce of approximately 1.2 thousand employees. With a revenue of 250 million dollars, RoadOne offers efficient and reliable transportation solutions for the movement of goods and containers between ports, rail yards, and distribution centers. Their expertise in drayage services enables them to streamline supply chains and optimize the movement of cargo, providing cost-effective solutions to their clients. RoadOne's commitment to customer satisfaction and their extensive network of terminals and intermodal facilities make them a trusted partner in the logistics industry.
#24 Celadon Group Inc
Employees: 1.6K
Revenue: 600M$
Website: https://www.celadontrucking.com
Description: Celadon Group Inc is a logistics company based in Indianapolis, United States. Founded in 1985, the company specializes in drayage services within the logistics industry. With approximately 1.6 thousand employees, Celadon Group Inc operates primarily in North America. The company generated a revenue of 600 million dollars in the most recent fiscal year. Celadon Group Inc is known for its efficient and reliable drayage services, providing seamless transportation solutions for its clients. Through its comprehensive network and advanced technology, the company ensures the smooth movement of goods, contributing to the overall efficiency of the logistics industry.
#23 Covenant Transportation Group Inc
Employees: 1.7K
Revenue: 700M$
Website: https://www.ctgcompanies.com
Description: Covenant Transportation Group Inc, headquartered in Chattanooga, United States, is a leading player in the Drayage Services industry within the Logistics sector. Founded in 1986, the company has grown to employ approximately 1.7 thousand people. With a revenue of around 700 million dollars, Covenant Transportation Group Inc operates as a key player in the drayage services market, providing efficient and reliable transportation solutions for the logistics industry. With a strong focus on customer satisfaction and operational excellence, the company continues to expand its presence and deliver high-quality drayage services to its clients.
#22 P.A.M. Transportation Services Inc
Employees: 2.6K
Revenue: 750M$
Website: https://www.pamtransport.com
Description: P.A.M. Transportation Services Inc, headquartered in Tontitown, United States, is a prominent player in the Drayage Services industry. With a history dating back to 1980, the company has established itself as a reliable and efficient logistics provider. P.A.M. Transportation Services specializes in offering transportation solutions for the movement of goods, primarily in the North American market. The company operates a fleet of trucks and employs a dedicated team of professionals to ensure seamless and timely delivery of cargo. With a strong focus on customer satisfaction and a commitment to excellence, P.A.M. Transportation Services has achieved significant growth and success in the industry, generating an impressive annual revenue of 750 million dollars.
#21 Forward Air Corporation
Employees: 3K
Revenue: 1B$
Website: https://www.forwardaircorp.com/
Description: Forward Air Corporation, headquartered in Greeneville, United States, is a leading player in the Drayage Services industry within the Logistics sector. The company was founded in 1981 and currently employs approximately 3,000 professionals. With a revenue of 1 billion dollars, Forward Air Corporation offers a wide range of drayage services to facilitate the transportation of goods from seaports, rail terminals, and other points of origin. Their services include expedited intermodal transportation, dedicated fleets, and final mile deliveries. Forward Air Corporation utilizes advanced technology and a network of strategically located terminals to provide efficient and reliable solutions to their clients' logistical needs.
#20 USA Truck Inc
Employees: 2.5K
Revenue: 1.2B$
Website: https://www.usa-truck.com/
Description: USA Truck Inc is a leading company in the Drayage Services industry, operating primarily in North America. Based in Van Buren, United States, the company was founded in 1983. With a workforce of approximately 2.5 thousand employees, USA Truck provides efficient and reliable transportation services for the logistics industry. The company's expertise lies in offering drayage services, which involve transporting goods over short distances, typically between ports, rail yards, and warehouses. USA Truck's commitment to delivering exceptional customer service and maintaining strong partnerships has contributed to its success in generating an estimated annual revenue of 1.2 billion dollars.
#19 Heartland Express Inc
Employees: 4K
Revenue: 1.2B$
Website: https://www.heartlandexpress.com
Description: Heartland Express Inc, headquartered in North Liberty, United States, is a prominent player in the Drayage Services industry. With a history dating back to 1978, the company has established itself as a reliable logistics provider. With a workforce of approximately 4,000 employees, Heartland Express Inc offers efficient transportation solutions for cargo movement within the logistics sector. The company generates an impressive annual revenue of around 1.2 billion dollars, showcasing its strong market presence and financial performance. Heartland Express Inc's commitment to quality service and customer satisfaction has earned it a reputable position within the Drayage Services industry.
#18 Marten Transport Ltd
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.marten.com
Description: Marten Transport Ltd is a prominent player in the Drayage Services industry. Headquartered in Mondovi, United States, the company has been operating since 1946. With a workforce of approximately 4.5 thousand employees, Marten Transport provides efficient logistics solutions in North America. The company specializes in drayage services, which involve the transportation of goods over short distances, typically from ports to nearby warehouses or distribution centers. Marten Transport's commitment to reliability, timeliness, and customer satisfaction has enabled it to generate an impressive revenue of 1.2 billion dollars. Through their extensive network and advanced technology, Marten Transport continues to be a key player in the drayage services sector.
#17 Universal Logistics Holdings Inc
Employees: 10K
Revenue: 1.5B$
Website: https://www.universallogistics.com
Description: Universal Logistics Holdings Inc, headquartered in Warren, MI, is a prominent player in the Drayage Services industry. The company was founded in 1932 and currently employs approximately 10,000 people. With annual revenue of 1.5 billion dollars, Universal Logistics Holdings Inc offers a wide range of logistics services, specializing in drayage, which involves the transportation of goods over short distances, typically between ports, rail yards, and distribution centers. Their expertise in drayage services enables them to efficiently move cargo containers and provide seamless transportation solutions to their clients. Universal Logistics Holdings Inc has established a strong presence in North America, catering to the growing demand for reliable and cost-effective logistics services in the region.
#16 Saia Inc
Employees: 10K
Revenue: 1.5B$
Website: https://www.saia.com
Description: Saia Inc is a leading provider of drayage services in the logistics industry. Headquartered in Johns Creek, United States, Saia has been operating since 1924. With a workforce of 10,000 employees, the company offers efficient and reliable transportation solutions for the movement of cargo between ports, rail yards, and distribution centers. Saia's drayage services play a crucial role in facilitating the smooth and timely transfer of goods, ensuring seamless logistics operations. The company's revenue stands at 1.5 billion dollars, reflecting its significant presence and success in the drayage services sector.
#15 Roadrunner Transportation Systems Inc
Employees: 4.5K
Revenue: 1.8B$
Website: https://www.rrts.com/
Description: Roadrunner Transportation Systems Inc is a leading logistics company specializing in drayage services. Headquartered in Cudahy, United States, Roadrunner Transportation Systems Inc operates primarily in North America. Since its establishment in 1984, the company has grown to employ approximately 4.5 thousand employees. With a revenue of 1.8 billion dollars, Roadrunner Transportation Systems Inc offers reliable and efficient transportation solutions for its customers. Through its extensive network and fleet of vehicles, the company ensures the timely and secure delivery of goods. Roadrunner Transportation Systems Inc is committed to providing exceptional drayage services and maintaining its position as a trusted partner in the logistics industry.
#14 Daseke Inc
Employees: 1.6K
Revenue: 2.1B$
Website: https://www.daseke.com
Description: Daseke Inc is a leading company in the drayage services industry, operating primarily in North America. Headquartered in Addison, Texas, Daseke provides a wide range of logistics solutions to its customers. The company was founded in 2008 and has grown steadily since then. With a workforce of approximately 1.6 thousand employees, Daseke offers efficient and reliable transportation services for the movement of goods. The company's revenue stands at around 2.1 billion dollars, reflecting its strong presence and success in the drayage services sector. Daseke's commitment to excellence and customer satisfaction has positioned it as a trusted partner in the logistics industry.
#13 Werner Enterprises Inc
Employees: 15K
Revenue: 2.5B$
Website: https://www.werner.com
Description: Werner Enterprises Inc. is a leading transportation and logistics company specializing in drayage services. Headquartered in Omaha, United States, the company has been in operation since 1956. With approximately 15,000 employees, Werner Enterprises provides efficient and reliable solutions for the movement of freight. The company's drayage services involve the transportation of goods within short distances, typically between ports, rail yards, and distribution centers. Werner Enterprises utilizes its extensive network and modern fleet of trucks to ensure timely and secure delivery of cargo. With a revenue of 2.5 billion dollars, Werner Enterprises continues to be a trusted partner in the logistics industry.
#12 Landstar System Inc
Employees: 1.3K
Revenue: 3.2B$
Website: https://www.landstar.com
Description: Landstar System Inc is a leading company in the Drayage Services industry. Headquartered in Jacksonville, United States, Landstar System specializes in providing logistics solutions for various industries. With over 1.3 thousand employees, the company offers a wide range of services including intermodal transportation, warehousing, and distribution. Landstar System has a strong presence in North America, with a focus on delivering efficient and reliable drayage services. Founded in 1968, the company has established itself as a trusted partner for businesses seeking cost-effective and timely transportation solutions. Landstar System Inc generates an annual revenue of 3.2 billion dollars, making it one of the key players in the industry.
#11 ArcBest Corporation
Employees: 13.1K
Revenue: 3.3B$
Website: https://arcb.com
Description: ArcBest Corporation is a logistics company operating in the drayage services industry. Headquartered in Fort Smith, United States, ArcBest has been providing transportation and logistics solutions since its founding in 1923. With a workforce of approximately 13,100 employees, the company offers a wide range of services including truckload, less-than-truckload, expedited, international, warehousing, and supply chain management. ArcBest serves various industries such as retail, healthcare, manufacturing, and consumer goods. The company's revenue reached 3.3 billion dollars, solidifying its position as a key player in the drayage services industry.
#10 Expeditors International Of Washington Inc
Employees: 18K
Revenue: 3.9B$
Website: https://www.expeditors.com
Description: Expeditors International Of Washington Inc is a logistics company operating in the Drayage Services industry. Based in Seattle, United States, the company was founded in 1979. With a workforce of approximately 18,000 employees, Expeditors International provides a wide range of services in the drayage sector. The company offers efficient and reliable transportation solutions for the movement of cargo over short distances, specializing in the transportation of goods between ports and inland destinations. Expeditors International of Washington Inc has achieved significant success in the industry, generating an annual revenue of around 3.9 billion dollars.
#9 Hub Group Inc
Employees: 4K
Revenue: 4B$
Website: https://www.hubgroup.com
Description: Hub Group Inc is a leading provider of drayage services in the logistics industry. Headquartered in Oak Brook, United States, the company has been operating since 1971. With approximately 4,000 employees, Hub Group offers efficient transportation and logistics solutions for various customers. The company's drayage services play a crucial role in the supply chain, facilitating the movement of goods between ports, rail yards, and distribution centers. Hub Group's commitment to innovation and customer satisfaction has contributed to its success, generating an annual revenue of 4 billion dollars. Through its reliable and cost-effective drayage services, Hub Group continues to be a trusted partner for businesses in need of efficient logistics solutions.
#8 Old Dominion Freight Line Inc
Employees: 21K
Revenue: 4.5B$
Website: https://www.odfl.com/
Description: Old Dominion Freight Line Inc operates in the Drayage Services industry, which is a part of the Logistics sector. Headquartered in Thomasville, United States, the company was founded in 1934. With a workforce of approximately 21,000 employees, Old Dominion Freight Line Inc generates an estimated annual revenue of 4.5 billion dollars. The company specializes in providing transportation and logistics services for the movement of goods, particularly in the area of drayage. Drayage services involve the transport of goods over short distances, typically between ports, rail yards, or other transportation hubs. Old Dominion Freight Line Inc leverages its extensive network, advanced technology, and dedicated fleet to offer efficient and reliable drayage services to its customers.
#7 YRC Worldwide Inc
Employees: 30K
Revenue: 5B$
Website: https://www.yrc.com
Description: YRC Worldwide Inc is a leading provider of drayage services in the logistics industry. Headquartered in Overland Park, United States, the company operates primarily in North America. With a history dating back to 1924, YRC Worldwide Inc has established itself as a trusted name in the industry. The company employs approximately 30,000 individuals, who work tirelessly to ensure efficient and reliable delivery of goods. YRC Worldwide Inc generates an annual revenue of 5 billion dollars, making it a key player in the drayage services sector. With a strong emphasis on customer satisfaction and a commitment to excellence, YRC Worldwide Inc continues to be a driving force in the logistics industry.
#6 Knight-Swift Transportation Holdings Inc
Employees: 27K
Revenue: 5.1B$
Website: https://www.knight-swift.com
Description: Knight-Swift Transportation Holdings Inc is a leading company in the Drayage Services industry. Headquartered in Phoenix, United States, the company operates primarily in North America. With a workforce of approximately 27,000 employees, Knight-Swift provides efficient logistics solutions for the transportation of goods within the supply chain. The company was founded in 2017 as a result of the merger between Knight Transportation and Swift Transportation. Knight-Swift offers a comprehensive range of drayage services, including trucking, intermodal transportation, and freight brokerage. The company's commitment to innovation, reliability, and customer satisfaction has earned it a prominent position in the logistics industry. With annual revenue of 5.1 billion dollars, Knight-Swift continues to expand its operations and deliver exceptional transportation services to its clients.
#5 J.B. Hunt Transport Services Inc
Employees: 29.6K
Revenue: 9.2B$
Website: https://www.jbhunt.com
Description: J.B. Hunt Transport Services Inc, headquartered in Lowell, United States, is a leading company in the Drayage Services industry. With a history dating back to 1961, the company has established itself as a prominent player in the logistics sector. J.B. Hunt specializes in providing transportation and delivery services for a wide range of customers across North America. The company boasts a workforce of approximately 29.6 thousand employees who are dedicated to ensuring efficient and reliable transportation solutions. With an annual revenue of 9.2 billion dollars, J.B. Hunt has proven its ability to generate substantial value in the industry.
#4 C.H. Robinson Worldwide Inc
Employees: 19.5K
Revenue: 16.6B$
Website: https://www.chrobinson.com/
Description: C.H. Robinson Worldwide Inc, headquartered in Eden Prairie, United States, is a leading company in the Drayage Services industry. Founded in 1905, the company has a workforce of approximately 19.5 thousand employees. With a revenue of 16.6 billion dollars, C.H. Robinson provides innovative logistics solutions in the field of drayage services. The company leverages its extensive network and advanced technology to offer efficient transportation and supply chain solutions to its global clientele. C.H. Robinson is known for its commitment to customer satisfaction and its ability to optimize logistics operations, ensuring reliable and timely delivery of goods. Through its expertise in drayage services, C.H. Robinson plays a vital role in facilitating the smooth movement of cargo across various modes of transportation, contributing to the overall efficiency of the logistics industry.
#3 XPO Logistics Inc
Employees: 100K
Revenue: 17.9B$
Website: https://www.xpo.com
Description: XPO Logistics Inc, headquartered in Greenwich, Connecticut, is a leading provider of drayage services in the logistics industry. With a workforce of approximately 100,000 employees, the company specializes in the transportation of goods over short distances, typically from ports to nearby distribution centers or warehouses. XPO Logistics operates a vast network of trucks and trailers, strategically positioned across North America, to efficiently handle the movement of cargo. The company's drayage services play a crucial role in facilitating the smooth flow of goods through the supply chain, offering reliable and timely transportation solutions. XPO Logistics has established itself as a trusted partner for businesses in need of efficient and cost-effective drayage services, contributing to the overall success of the logistics industry.
#2 FedEx Corporation
Employees: 425K
Revenue: 69B$
Website: https://www.fedex.com
Description: FedEx Corporation, headquartered in Memphis, United States, is a global logistics company operating in the Drayage Services industry. Founded in 1971, FedEx has become a leading provider of transportation, e-commerce, and business services. The company employs approximately 425,000 individuals worldwide and generates a revenue of 69 billion USD. FedEx offers a comprehensive range of solutions, including express shipping, freight transportation, supply chain management, and logistics support. With its extensive network and advanced technology, FedEx ensures efficient and reliable delivery of goods, serving businesses and consumers across the globe.
#1 UPS Inc
Employees: 398K
Revenue: 84B$
Website: https://www.ups.com
Description: UPS Inc is a leading logistics company in the Drayage Services industry. Headquartered in Atlanta, United States, UPS offers a wide range of services including transportation, distribution, and supply chain management. With a workforce of approximately 398,000 employees worldwide, the company operates a vast network of vehicles, aircraft, and facilities to ensure efficient and timely delivery of goods. UPS generates an annual revenue of 84 billion US dollars, making it one of the largest players in the logistics industry. Through its expertise in drayage services, UPS facilitates the transportation of cargo and containers between ports, rail yards, and distribution centers, enabling seamless movement of goods across the supply chain.
Summary
The analysis of the top companies in the Drayage Services sub-industry of Logistics has revealed some noteworthy takeaways. The rankings showcase the leading players in this sector, with each company achieving significant accomplishments in their own right. These companies have demonstrated their expertise and capabilities in providing efficient and reliable drayage services.
One unexpected finding from the investigation is the consistent growth and success of these companies, despite the challenges faced by the logistics industry as a whole. Despite disruptions caused by the pandemic and changing market dynamics, these companies have managed to adapt and thrive.
Among the premier companies highlighted in this discussion are Company X, Company Y, and Company Z. These companies have established themselves as key players in the drayage services sub-industry, leveraging their extensive networks, advanced technology, and industry expertise to deliver exceptional services.
A common element driving the prosperity of these leading firms is their focus on innovation and technology. They have embraced digital solutions to streamline operations, optimize routes, and enhance customer experience. By leveraging data analytics and automation, these companies have been able to improve efficiency and reduce costs.
What sets these eminent companies apart from their industry rivals are their commitment to sustainability and customer-centric approach. They have implemented eco-friendly initiatives such as electric and hybrid vehicles, reducing carbon emissions and promoting a greener future. Additionally, these companies prioritize customer satisfaction by offering personalized solutions, timely deliveries, and transparent communication.